AUD/USD Plummets, Economists Sub 60 cent Forecast

Tom Stewarton 17/11/2021|
1 min read

AUD/USD has dropped out of resistance yesterday, and is pushing towards the September lows around 0.7180. This comes as leading economist and historically accurate AUD/USD forecaster Clifford Bennett calls for the rate to drop to 0.5800. Certainly, looking for short opportunities at the moment is preferable giving the immediate bear market.

AUD/USD 1D Chart, 17 Nov 2021